In his position as Chairman and as a Board Member, he would not have direct access to funds to be embezzling. The only way he could have gotten money would have been through an act or acts that others approved but were not aware were benefitting him. That would be an extremely odd and rare situation.
My guess is it has something more to do with something he did in his personal life or something he said that the company did not approve of.
The sad thing is the best communication investors ever had were the years that Itamar was CEO. If you emailed CNBX, he would reply personally, answering questions, advising of upcoming conventions that would be of interest to your question, and asking questions about you and your investing, etc.
Eyal has never been as good with PR as Itamar was. 2014 through 2017 were the best years. 2018 on has been a puddle of info here, a raindrop of a press release there, and the price reflects that. I would guess there are those that do not know CNBX has products in the market, like the long release tabs, the 5mg tabs, etc.
There was a time that the company and the distributors were both doing press releases and happily advertising that they had CNBX products available for sale, how to get them, etc. It wasn't Wal Mart selling big screen tv's type dollars, but it was good press and an income stream. Even the income stream of the home grow systems CNBX partnered with have no longer been mentioned. Heard anything good about Seedio lately? They bragged about that instead of their own products and then that news dried up pretty quickly. It moved some money around circa 2019, but short term.
I miss Itamar. I miss the money made under Itamar. I would love to know why they asked him to leave.
Take care, Jim
